China battles to shore up stocks, yuan after globe-shaking slide


China moved to shore up shaky sentiment on Tuesday a day after its stock indexes and yuan currency tumbled, rattling markets worldwide, but analysts warned investors to buckle up for more wild price swings.
Stocks fell more than 2% in early trade, prompting fears that exchanges were set for a second day of panic sellingafter a 7% dive on Monday set off a new “circuit breaker” mechanism, suspending trade nation-wide for the first time. Read More

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